Friedberg 953b (W-2240-B-b). 1914 Red Seal $20 Federal Reserve Note. PCGS Currency Gem New 66 PPQ.All Series of 1914 Red Seal Federal Reserve Notes are scarce in comparison to their Blue Seal counterparts. This is especially true for the $20 denominations and higher. The presently offered $20 Red Seal comes from the New York district and offers sharp printing. boardwalk margins and bright, fresh paper. pA portrait of Grover Cleveland is at center. A black printed district seal is at left while a red scalloped Treasury Seal is to the right. The serial numbers are in red to the lower left and upper right. All Series of 1914 Red Seals feature the engraved signatures of Treasury officials Burke and McAdoo. The back portrays various forms of transportation, revolutionary technological advances for the period. At left is a steam locomotive, automobile and a biplane. To the right, a large ocean liner and tug boat steam past the Statue of Liberty. The engraving was done by Marcus W. Baldwin and was designated as emLand, Sea and Air/em.pPCGS Currency has graded just three examples of the catalog number (and type) finer, all at the 67 PPQ level. This is one of the finest $20 Red Seal Federal Reserve Notes available to collectors and an item that should be hotly contested when it crosses the block.From Currency Auctions of Americas sale of May 1993, lot 1410; Currency Auctions of Americas sale of January 1994, lot 2000; Lyn Knights sale of March 2001, lot 674; Lyn Knights sale of November 2001, lot 254; Bowers and Merena/Lyn Knights sale of August 2006, lot 5124.pp
